what category for info in Box 14 on W2?

[danilol]

Hello,

On my W2, I have CTPL in my BOX 14, I choose " not classified " for the " category",

Is that OK?

Thanks

[MindyB]

Yes, that code indicates "company paid term life insurance." ‌Nothing else in the dropdown fits the description, so your choice makes sense, "Other (not classified)." 

The cost of coverage over $50,000 that was paid by your employer is taxable to you and was already included in Box 1 of your Form W-2, the information in Box 14 regarding life insurance is informational.